Pursuant to Section 3 Sample Clauses
The phrase "Pursuant to Section 3" serves to reference and incorporate the terms, conditions, or requirements outlined in Section 3 of the same agreement or document. In practice, this clause is used to direct the reader to a specific section for further details or to clarify that certain actions, rights, or obligations are governed by the provisions found in Section 3. Its core function is to ensure clarity and precision by explicitly linking related provisions, thereby reducing ambiguity and helping parties understand how different parts of the agreement interact.
Pursuant to Section 3. 03 of the Indenture Supplement, on each Distribution Date, the Indenture Trustee shall deposit into the Class A(2017-4) Interest Funding sub-Account the portion of Card Series Finance Charge Amounts allocable to the Class A(2017-4) Notes.
Pursuant to Section 3. 01(a) of the Titling Trust Agreement, the UTI Beneficiary hereby directs the Titling Trustee to identify and allocate or to cause to be identified and allocated to the 2010-B SUBI on the books and records of the Titling Trust a separate Sub-Trust of Trust Assets consisting of 2010-B Eligible Leases and the related Leased Vehicles and other associated Trust Assets owned by the Titling Trust and not allocated to any Other SUBI or reserved for allocation to any Other SUBI (or owned or acquired by the Titling Trustee on behalf of the Titling Trust but not yet allocated to, or reserved for allocation to, any specific Sub-Trust). Such Trust Assets (the “2010-B SUBI Assets”) shall be accounted for and held in trust independently from all other Trust Assets within the Titling Trust. Based upon their identification and allocation by the Servicer pursuant to the 2010-B Servicing Supplement, the Titling Trustee hereby identifies and allocates as 2010-B SUBI Assets the 2010-B Leases and 2010-B Vehicles more particularly described on the Schedule of 2010-B Leases and 2010-B Vehicles and the related Trust Assets described above, each such 2010-B SUBI Asset to be identified on the books and accounts of the Titling Trust as being allocated to the 2010-B SUBI.
Pursuant to Section 3. 4(a) of the Trust Agreement, the Depositor hereby appoints Computershare to succeed ▇▇▇▇▇ Fargo as Certificate Registrar and Computershare hereby accepts such appointment and agrees to act as Certificate Registrar pursuant to and in accordance with the terms of the Trust Agreement.
Pursuant to Section 3. 1(a) of each Guarantee Agreement, the Resigning Guarantee Trustee hereby assigns, transfers, delivers and confirms to the Successor Guarantee Trustee all right, title and interest of the Resigning Guarantee Trustee in and under such Guarantee Agreement; all of the rights, powers, trusts and duties of the Resigning Guarantee Trustee under such Guarantee Agreement. The Resigning Guarantee Trustee shall execute and deliver such further instruments and shall do such other things as the Successor Guarantee Trustee may reasonably require so as to more fully and certainly vest and confirm in the Successor Guarantee Trustee all such rights, powers and trusts hereby assigned, transferred, delivered and confirmed to the Successor Guarantee Trustee.
Pursuant to Section 3. 16 and 3.17, any amounts collected by the Servicer or the Master Servicer, or by the Servicer, under any insurance policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the applicable Servicing Agreement) shall be deposited into the Custodial Account, subject to withdrawal pursuant to Section 3.17 and 3.18. Any cost incurred by the Master Servicer or the Servicer in maintaining any such insurance if the Mortgagor defaults in its obligation to do so shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or the Servicer pursuant to Section 3.17 and 3.18.
Pursuant to Section 3. 5 of the Liquidity Agreement, the Scheduled Liquidity Commitment Termination Date with respect to each undersigned Liquidity Lender is hereby extended on March 30, 2005 until March 28, 2006.
Pursuant to Section 3. 1 of the Indenture, the Notes shall have the following terms and conditions:
Pursuant to Section 3. 1.2 of the Agreement, University and Company hereby confirm (i) conversion of Company’s Tri-Exclusive license to Subset B of Licensed Patents to a Co-Exclusive license; and (ii) Company’s assumption of [* * *] of all reasonable and necessary out-of-pocket patent costs incurred for such converted Co-Exclusive Licensed Patents as of June 1, 2011, the date on which University notified Company of the possibility of conversion. Table A1.1 (a) below, “Updated Subset A of Licensed Patents”, lists all Licensed Patents subject to a Co-Exclusive license as of the Effective Date of this Amendment No. 1, including Licensed Patents remaining in Subset A, Licensed Patents formerly in Subset B, and Licensed Patents filed subsequent to the Effective Date of the Agreement.
Pursuant to Section 3. 3 of the Credit Agreement, the Lender hereby waives accrual of interest at the Default Rate for the period commencing with June 16, 2016 and ending on the Forbearance Expiration Date, during which period interest shall accrue at the Floating Rate (as adjusted pursuant to the Fourth Amendment to Forbearance Agreement). All accrued, unpaid interest on the Loans shall be payable in arrears on the first day of each calendar month. The Borrower hereby authorizes and instructs the Lender to debit each required interest payment on the due date therefor from the Borrower’s operating account maintained with the Lender to satisfy such payment obligation. All outstanding accrued, unpaid interest on the Loans, if any, shall be due and payable on the earliest to occur of (i) the Forbearance Expiration Date, (ii) the full refinancing of the Debt evidenced by the Note or (iii) the date of the first disposition of Oil and Gas Properties of the Borrower occurring on or after the date of the Fourth Amendment to Forbearance Agreement.”
Pursuant to Section 3. 4.4 of this Agreement, the Parties agree to promptly meet to review any new, revised or eliminated Applicable Reliability Standard that changes the obligations of any Party during the term of this Agreement, including but not limited to adjustments to the calculation of charges and payment obligations as a result of the changes in reserve obligations under this Agreement (e.g., a change in the Spinning Reserve obligations under this Schedule 5).